Listing Details
- $375,000
- MLS# 410483
- Type Multi Unit - Multiple
- Status Active
Listed By
Agency Name: PHD Realty, LLC
Agency Phone: 251-368-1063
Shown By
Agency Title: Levin Rinke Realty
Agency Phone: 850-916-5050
Home Value Estimate
Description
5-Unit Multifamily Portfolio | Atmore, AL | 100% Occupied | $54,540 Gross Annual IncomeFive-unit multifamily portfolio held across 4 parcels at 3 scattered sites, 100% occupied at the time of listing. Unit mix is (3) 3BR/2BA, (1) 3BR/2.5BA, and (1) 2BR/2BA, totaling 6,068± sf of leased space. Gross scheduled rent is $4,545/month, or $54,540 annually, averaging $909 per unit. *Average tenancy approximately 3.8 years; longest tenant in place 7 years *Tenants pay power, internet, etc., and maintain their own yards *Owner-paid water $70/month total; taxes estimated at $1,000/year *Central heat and air in all 5 units; roofs and HVAC are approximately...read more
Features
- Other/See Remarks
- Electric
- Vinyl
- Carpet
- Luxury Vinyl Plank
- Electric
- 1.0 Story
- $961 Taxes
- Built in 2007
Gallery
Listed By
Agency Name: PHD Realty, LLC
Agency Phone: 251-368-1063
Shown By
Agency Title: Levin Rinke Realty
Agency Phone: 850-916-5050
Print This Listingx
Select a format below, new window will open and will prompt you to print.
